**Bitcoin Poised for Major Breakout by 2025**
Bitcoin (BTC) is showing signs of a significant move, potentially reaching $100,000-$150,000 by early 2025. Analysts highlight a "cup and handle" pattern on BTC's charts, a classic bullish indicator. The cup formed after Bitcoin's peak in late 2021, with the handle now consolidating below the $65,000-$69,000 resistance.
Independent analyst Elja projects a target range of $110,000 to $130,000 based on this pattern. Pseudonymous analyst Nestay adds that low volatility and oversold conditions, indicated by Bollinger Bands Width and RSI, support this bullish outlook. With rising global liquidity, Bitcoin's price action is likened to a "ticking time bomb," suggesting a potential breakout soon.